tv [untitled] February 11, 2014 10:30pm-11:01pm PST
supervisors land use and economic development committee. i'm scott wiener, the chairman of the committee. to my right is supervisor jane kim, the committee vice-chair, and to my left is supervisor malia cohen. our clerk is ahn drape aausberry, and i want to thank sfgov-tv for broadcasting today's hearing, specifically jesse larsen and jonathan gomak. are there any announcements? >> yes, there are. please silence all cell phones and electronic device he. completed speaker cards and copies of any documents to be included as part of the file should be submitted to the clerk. items acted upon today will appear on the february 25th, 2014 board of supervisors agenda unless otherwise stated. >> thank you very much. and, madam clerk, would you please call item number 1? >> item number 1 is an ordinance amending ordinance no. 16-10 to authorize the levy and collection of special taxes within city and county of san francisco special tax district no. 2009-1 (san francisco sustainable financing) for seismic safety retrofits to certain privately owned buildings or real property; and directing the clerk of the board to publish a notice of public hearing and other matters related thereto.
~ retrofit >> and pat pa* trick otellini is here from the mayor's office for item number 1. >> thank you for having me. i appreciate your patience as we go through -- created the software and financing program. we're at the tail end here and i want to thank for the unanimous support we received at this committee and the full board. important to note two weeks ago quick retrofit fair over at bill graham civic auditorium, as well as 150 vendors provide the necessary services for folks could complete their retrofit in the time allowed by the ordinance. i want to note we had almost 3,000 members in attendance, noticeable for soft story. i want to thank you for your continued support for providing comprehensive menu of financing optionses for the folks under this ordinance and happy to answer any questions. >> thank you very much. supervisor kim? >> i was hoping actually you could talk a little about what's before us. >> sure. >> so, including seismic retrofit within the special tax district and how it would operate and also how it's operated previously. it's been in place for a while.
while it included seismic retrofit before, i was curious as to what it's been like over the last program started. >> sure. what we had to do was adapt the city's green finance program through several pieces of legislation and the approvals were predicated upon one another which is why this is the fifth in a series of ordinances that have come before this committee. the purchase is to get people together into a pool of buildings. so, we have a dead line r line we've established by april 18 ferment so members that want to qualify for the first pool of financing have to complete an initial application which we've done with the department of environment and their assistance. that information would be submit today their quick safety implementation program and all these properties are pooled together so we can come up with a total dollar amount that needs financing. from there we'll have to vet the applicants to make sure they qualified. from then the bonds will be issued and sold to the investors and we would have a pool of financing to offer very low interest loans to folks over a long term. it's a good option for folks
that cannot secure conventional financing. >> haven't groups of parcels done this already before, authorized within this special tax district? >> unfortunately to date only one project has been financed through green finance sf. so, we're working with our partners over at the department of environment. we all agree this is kind of a much needed shot in the arm for this frame ~ program and a great way to kick start the project. >> what was that project? >> a project financed by the port a few years ago. >> you said there are some interested now for the april 18th deadline. >> um-hm. >> can you talk about folks that are interested or is that -- >> absolutely, sure. these are large property owners that have come to us saying they don't want to go to the banks even though we provided 10 to 15 banks providing different style loan products. a great way to have the private industry. we have to be responsible and come up with our own financial industry. ~ optionses. it's a great way for mom and
pop companies to allow them to pay back through property taxes. it's a unique way to fund it. loan transfers of the property, in the event the property is sold, the individual loans not responsible for paying the debt, the new owner that just assumes the loan continues that 20-year payment. >> you mentioned property owners. are they -- i'm curious what the outreach and the response has been like and do you try to cluster them together? >> geographically we wouldn't try to cluster them together because the boundary of the special tax direct is essentially the city and county of san francisco. so, really more so what we want to do is on timeline. we have this kind of first deadline. we have to set these deadlines because it makes much more sense it is a much more advantageous interest rate to the property owner if we have many properties that are pulling together. so far our interest has been in about 130 to 150 properties that have submitted initial interest and then we're starting to have the applications flowing now. we're probably at about 20 or 30 applications so it's a great start. then what we'll do is based on the success of this first pool,
if it makes saxes there is a demand, we'll go ahead and do continuing pools of this kind of financing. >> i'm really interested to see what properties are interested throughout the city and just to get a sense if it's an even mix throughout the city to ensure that we're doing outreach in neighborhoods that may not be applying. so, if you could provide that to us after the committee, that would be great. >> sure. >> thank you. that's all my questions. >> thank you, supervisor. >> he thank you very much. okay, we'll open item number 1 up to public comment. is there any public comment on item number 1? seeing none, public comment is closed. [gavel] >> colleagues, could i have a motion to forward item number 1 to the full board with positive recommendation? okay, moved by supervisor cohen, and we'll take that without objection. [gavel] >> madam clerk, can you please call item number 2? >> item number 2 is an ordinance amending the planning code to change the designation of 660 california street, assessor's block no. 0241, lot no. 011 (a.k.a. the old st. mary's rectory), from category v (unrated) to category iii (contributory) under planning code, article 11; and making
environmental findings, and findings of consistency with the general plan, and the eight priority policies of planning code, section 101.1. ~ california street. >> thank you. and we are joined today by mary brown from the planning department to speak to this proposed landmarking under article 11 of the planning code. >> if i can have the overhead. good afternoon, supervisors. mary brown, planning department staff to present the proposed changes designation of 66 0 california street, the old st. mary's church rectory building pursuant to article 11 of the planning code. the four story building was designed in an early modern contextual style [speaker not understood]. architectural firm skid more owings and merrill and construction was completed in 1966. the building meets article 11's criteria and grounds for a change of designation to a category 3 contributory building. the building's identified and clarifying features include all exterior elevations, the connecting bridge walkways and sustained glass buildingses at the rear designed by mark adam. this change in designation was